BreadTalk partners Din Tai Fung franchise owner in UK expansion

SINGAPORE (Nov 17): BreadTalk Group says its wholly-owned indirect subsidiary Taster Food UK (TFUK) has entered into an agreement with Fairy Rise Development, the franchise owner of the Din Tai Fung brand of restaurants, for the franchise right to operate the Din Tai Fung brand of restaurants in the UK.

BreadTalk currently operates 21 Din Tai Fung restaurants in Singapore, and three restaurants in Thailand.

In a Thursday announcement, BreadTalk says TFUK will subsequently become a joint venture (JV) company comprising BreadTalk’s indirect wholly-owned subsidiary Together Inc.; Din Tai Fung Taiwan; Fairy Rise Development; a UK partner; as well as a Taiwanese, as shareholders.

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